Assessing socio-economic impacts of wave overtopping: An institutional perspective
In: Coastal Engineering: An International Journal for Coastal, Harbour and Offshore Engineers. Elsevier: Amsterdam; Lausanne; New York; Oxford; Shannon; Tokyo. ISSN 0378-3839; e-ISSN 1872-7379, more | |
Author keywords | Cost-Benefit Analysis; Valuation; Coastal defence; Wave overtopping |
Abstract | One way to address the assessment of strategies to control wave overtopping at seawalls and related coastal defence structures is to make use of Cost-Benefit Analysis. The institutional context in which Cost-Benefit Analysis takes place influences decisions on the types of values that are taken into consideration and the subsequent selection of valuation methods. We suggest to consider Cost-Benefit Analysis in a broad institutional framework when decisions are to be made on coastal defence strategies. It is argued that the institutional context provides the rules of the game on how a balance can be found between social, economic and ecologic functions of projects that protect societies against overtopping. |
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